Pros
Great benefits, nice new office, some people are very nice to work with. Fun events in the office such as Halloween parties, perks like early office closures around the holidays, etc. Great experience for those who have never worked for a global company.
Cons
Morale has been in a downward spiral for years, but 2015 takes the cake. Unforeseen and unprecedented layoffs have everyone on edge. Others are preemptively jumping ship on their own. Recent demise of the company's gourmet "Academia" line can't be a good sign (also resulting in layoffs). HR is a joke. They are inconsistent about their enforcement of company polices. They will make you look bad to make themselves look better to upper management. It's really very sad, and honestly, unethical. Very little advancement opportunity and few strong career paths. While benefits are outstanding, pay is comparatively very low in the marketplace - and there is a salary cap. Work/life balance varies based on who your manager is. Some are almost too flexible, while others allow almost no flexibility (HR refuses to enforce any consistency).